Why are we again at 10.5p bid?

It doesn't add up...

Good Results + Strong buying pre results + Christmas online buying soon = Price drop

Then again some companies that have debt for equity hanging in the balance, poor results and bankruptcy around the corner and they go up!

Why sell now at a loss?

Wont that be a kick in the teeth when we see 13.5p 14p again!

Best of luck all.

Tokyo

The calculations I did are quite simple:

Profit/No of Shares = EPS

Share Price = EPS * PE Ratio

So for each anticpated level of profit you can calculate the EPS by dividing by the number of shares in circulation.

Once you have an EPS you can calcualte the current PE ratio by dividing the share price by the EPS

Or you can calculate the potential share price by multiplying the EPS by the anticipated PE Ratio.

Hence, potential share price = profit/number of shares * pe ratio

Obviously there is no set rules as to what PE Ratio's shares will trade on. It is also quite difficult with Tech shares to determine which level of profit to use. For long term value I am happy to use operating profit (assuming the balance sheet is OK), however, if this is hugely dimished in the short term by exceptionals/ammortisation then this value is not likely to be seen in the share price in the short term. For eg the diff between RTDs basic and ajusted EPS is 0.5p to 1.3p, giving a diff PE ratio of 38 to 15 . As i've said before with shares like this I only use as a guide, for the short to medium term the share price is going to be determined more by whether the results are in-line/ better than f/cast and what future opportunities look like. (and whether the MMs play games).

Having had a quick look at Chelford, it appears that they will make a small op profit but a loss after ammortisation and you will struggle to value this company on this basis. I assume on the recent share price rises you are expecting good results - let me know your thoughts (its a share on my watchlist).

Hope this helps

PS with regards to RTD, remember one of my calcs had the share price as low as 13p so I hope its not that one we see!!! Like you, I have great belief in RTD and continue to hold for the long term.

Fundamentalist - thanks for the calculations formula, applied it to Chelford, and decided it was best to be out of it,at least for the short term (I think the MM's will play the same games they did with RTD after the results were posted) & with thr RTD price back around the 19 pence mark just thought I'd top up with another 20,227 shares.

good luck to all RTD holders and here is hoping that some new contract news is just around the corner

Hullo what spoookd RTD at 1430 steady days trading most buys then splot DOWN 0.75p friday too!!! :o[[[

According to the chartists, next stop is 14p but i reckon we're really near the bottom, interest is waining but the next trading update may renew interest, anyone know if they're likely to give news on the 1st quarter or is this just at the co's discretion? they may want to give the share price a boost.

RTD have never issued quarterly updates in the past so there is no reason to expect one this year - i think we will need to wait for the half year results (9th Sept last year but a trading update in early july) for the next bit of concrete evidence as to the continued growth. Until then, Director/institution buying and/or contract announcements would be nice (however RTD rarely announce new contracts except in their results/trading updates)

Thank's for that Fundamentalist. Could be looking at a dead six months then. For some short term spec action try DES

:oO)) blue against trades as reported!!! now that is a pleasing close ;O)))

nice to see a blue finish, not much but every little helps

Blimey! - is this the start of an upward trend at last. Volumes were very low today though, we need to see what the rest of the week has in store before we get too excited.

Bit premature Overgrowth - back testing support at 18.5p again

whooops someone spoke too sooon now ..18.0p.... ;-((((((((((((((((((

14p looks likely now.

This drop has happened on quite low volumes - fundamentals still solid - but the short term is going to continue to be messy - holding for the long term.

looks like pretty heavy selling to me, falling fast, will buy if hit 14p soon

Not a good day for RTD - Robbie Burns has sold out and it appears he still has a lot of followers!!!

its through the support level now! not looking good.

robstuff - why would you buy at 14p? if it goes down further then their is no guarantee that 14 will be supported. my advice is never average down. yes rtd is a good company but that doesnt stop it from going down further than 14p. i would suggest you buy once it has past a resistance point.

RTD Why??????????????

Lots of panic today, is there some bad rumour?

Hope long term still good.

Maybe this is another buying opportunity but scary.

tide has turned, may now have seen bottom..big buys coming in